Brokerages Set J Sainsbury plc (JSAIY) PT at $15.00
Shares of J Sainsbury plc (NASDAQ:JSAIY) have been given an average recommendation of “Hold” by the eight analysts that are presently covering the company, Marketbeat.com reports. Five equities research analysts have rated the stock with a hold recommendation and three have assigned a buy recommendation to the company. The average 12-month price objective among brokers that have updated their coverage on the stock in the last year is $16.00.
Separately, Zacks Investment Research upgraded shares of J Sainsbury plc from a “hold” rating to a “buy” rating and set a $16.00 target price on the stock in a report on Thursday.
Shares of J Sainsbury plc (NASDAQ JSAIY) traded down 3.17% during midday trading on Monday, reaching $13.15. The company’s stock had a trading volume of 70,810 shares. J Sainsbury plc has a 12 month low of $11.08 and a 12 month high of $14.70. The company has a market cap of $7.18 billion and a PE ratio of 15.51. The company’s 50-day moving average price is $14.13 and its 200-day moving average price is $13.35.
J Sainsbury plc Company Profile
J Sainsbury plc is engaged in grocery-related retailing and retail banking. The Company’s segments include Retailing; Financial services, and Property investments. The Retailing segment is engaged in the operation of supermarkets and convenience. The Financial services segment includes the operations of Sainsbury’s Bank plc (Sainsbury’s Bank).
Receive News & Stock Ratings for J Sainsbury plc Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for J Sainsbury plc and related stocks with our FREE daily email newsletter.